Nanjing Red Sun Co., Ltd. announced that its wholly-owned subsidiary, Nanjing Red Sun Biochemical Co., Ltd., plans to carry out phased planned shutdown maintenance on its paraquat plant to eliminate safety hazards and ensure stable operation. The maintenance will be conducted in two phases: the first phase runs from August 5 to September 25, 2026, lasting 50 days; the second phase runs from December 1 to December 15, 2026, lasting 15 days, for a total of 65 days. During the maintenance period, paraquat output will decline in stages, and maintenance costs will be charged to current expenses, having a slight impact on the company's phased performance in 2026. The company has already stocked up in advance and arranged orders to minimize the impact on supply. After the maintenance is completed, the plant's safety and operational stability will be improved.
Nanjing Red Sun Co LtdPlanned shutdown of paraquat plant reduces output and incurs maintenance costs, slightly impacting 2026 performance.
Subsidiary's plant shutdown affects its production and costs, indirectly impacting parent company.